A new evil permeates our world, and it is called loans. Simple, readily-available loans that are supposedly affordable and are granted quite freely. For some people, loans are necessary and can be life-saving. However, for most people loans are a dangerous temptation and hard to resist. Many are tempted to take out more loans than they can afford to repay, with the false belief that they will be able to find a way to pay them in the future. This is when significant damage can incur. Excessive consumption is addictive and the risk of being unable to pay back the debt leads too many people to financial breakdown or even bankruptcy.

Luckily, there is a way out! It is certainly possible to eliminate debts and create an ongoing balanced household budget. If you too find yourself burdened with debt, the distance between you and life without debt is only a matter of choice. Make the decision to take action and get on the debt-free road. Five steps separate you from a responsible and quiet economic future.

Get out of Debt in 5 Steps:

  1. Know your Debt
  2. Prioritize your Debt
  3. Calculate your Monthly Repayment Ability
  4. Plan your Debt Settlement
  5. Persist! Even when it’s tough

Related Post

In the red
In the red

| Author: JPOST Editorial

The banks make good money off interest... Read More about In the red

Know your debts
Know your debts

The complete guide to life without debts -... Read More about Know your debts


    Password Reset

      Not registered? Fill in the fields below
      Sign up and be one of thousands of our members, we commit ourselves suitable content customized for you, you'll also respond to on the site and send stories

        Choose your role
        Paamonim answer
        Service "Paamonim reply" at your service at any time, providing answers to questions and general information on the subject of family economy.

        Please complete the form below and a representative of "bells answer" will be happy to answer your question.

        Please note that the information and the answers given are general and incomplete and do not come to replace professional personal advice based on the applicant's personal data. If you decide to act on the basis of this information, you bear full and sole responsibility for your actions and results and shall no responsibility for organizing bells or his representative.

          You can get answers to your questions on family economic management from "Paamonim Answers".
          Please ask us about anything that is bothering you about household economics in Israel. You do not have to disclose any of your personal details or any information about your economic situation.
          The service is given by a professional team, highly experienced in the area of family economic rehabilitation.

          Please note, the information and answers are of a general nature, and not comprehensive. They are no substitute for professional personal counseling, based on the particular details of the applicant. If you decide to take any action on the basis of the information you receive from "Paamonim Answers", you take complete and exclusive responsibility for your actions and their consequences. No responsibility falls on the Paamonim Organization or on any of its representatives.

          Contact US / Fill in the fields below